Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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May 31, 2004

Cantor's eSpeed Raids Bloomberg

By Staff Reports

Kevin Foley, a veteran trading industry executive most recently working with Bloomberg Tradebook, has joined eSpeed, a move that has generated a buzz in trading circles.

Foley, who had been serving as CEO at Bloomberg Tradebook, has been named president of eSpeed. Foley will oversee the creation and expansion of eSpeed's foreign exchange, mortgage-backed securities and equities platforms.

Foley's new boss, Howard Lutnick, Chairman and CEO of eSpeed, said Foley will "define the next generation of trading technology for the global capital markets." Foley also will be working on promoting the use of eSpeed's software and proprietary products.